The government has launched a consultation on introducing legislation that would expand the scope of collective defined contribution (CDC) pension schemes. CDC pensions, also known as “Dutch style” pensions as they are popular in the Netherlands, are a middle ground between defined benefit (DB or final salary schemes) and defined …
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KUALA LUMPUR, Oct 8 — Prime Minister Datuk Seri Anwar Ibrahim has been named the 15th most influential Muslim figure in the 2025 edition of The World’s 500 Most Influential Muslims by Jordan’s Royal Islamic Strategic Studies Centre (RISSC). The achievement of the Prime Minister was shared by the Minister …
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The industry has welcomed the DWP’s consultation on draft regulations for whole-life multi-employer collective defined contribution (CDC) schemes, highlighting their potential to improve pension outcomes for many workers while stressing the need for regulatory guidance for successful implementation. The consultation, which closes November 19, seeks feedback on new draft legislation …
Read More »Regulations have finally been laid before Parliament to correct errors that had been embedded into legislation when the lifetime allowance was scrapped. The lifetime allowance was abolished back in April but there were mistakes in the original legislation, which the government needed to fix before certain clients could make changes to …
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By David Hartwig Great Britain’s Royal Mail issued a £2.80 definitive stamp Oct. 1 to meet postage rates taking effect Oct. 7. The stamp features a portrait of King Charles III initially created by Martin Jennings for new coinage from the Royal Mint. Royal Mail calls the stamp’s background color …
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By Ephraim Hardcastle for the Daily Mail Published: 19:32 EDT, 8 October 2024 | Updated: 20:49 EDT, 8 October 2024 Princess Diana poignantly sought husband Charles’s approval after her Royal Ballet dance with Wayne Sleep, according to her ballet teacher Anne Allan. In a new memoir, Allan recalls that the dance, …
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THE POST Office could scrap two in three jobs in a cost-cutting drive. Some of the estimated £200million savings will be used to improve sub-postmasters’ pay, it was reported last night. 2 The Post Office could scrap two in three jobs in a cost-cutting driveCredit: EPA 2 Sub-postmasters will not …
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AMAZON employees at the Dunfermline fulfilment centre have packed and donated 250 essential packs for schools across Fife. The schools supported with the donation are Duloch Nursery and Primary School, Cardenden Primary School, Masterton Primary School, and Lochgelly South Primary School. The packs contained items such as schoolbooks, pencils and …
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The proposals could help offer a more predictable income and greater security for future pensioners, the Government said. Plans to broaden access to a new type of pension scheme allowing savings to be pooled have been set out by the Government. Collective defined contribution (CDC) pension schemes have the potential …
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Charity Wellbeing of Women is calling on employers to sign its Menopause Workplace Pledge and take positive action to make sure everyone going through the menopause is supported. Women make up nearly half of the UK workforce, yet many feel forced to reduce their hours, pass up promotions, or even …
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